# NPIF II – Mercia Equity Finance: portfolio, investments and team > NPIF II – Mercia Equity Finance is a vc firm. 5 investments on record, 4 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/npif-ii-mercia-equity-finance (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # NPIF II – Mercia Equity Finance Last cheque observed Oct 2026; 5 cheques on record. Email Deploying now VC firm Seed Follow NPIF II – Mercia Equity Finance and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnpif-ii-mercia-equity-finance) Deploying now **100%** of best year **4** **cheques in 12 months**, 5 on record Since the last cheque **12** days **00** hrs **00** min **00** sec Median round **$2.9M** Rounds led **5 of 5** Sole investor **1 rounds** Mostly in **United Kingdom, 100%** Pitch NPIF II – Mercia Equity Finance ## NPIF II – Mercia Equity Finance highlights - 01 4 cheques in the last 12 months - 02 Mostly Seed: 100% of its rounds - 03 Sole investor in 1 rounds, median undisclosed ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **5 appearances** - **2026** 4 rounds - **Oct** **[CoComply](https://millionrounds.com/company/cocomply)** Seed · GB · Fintech Global **$2.5M** *Led* - **Oct** **[Medcotec](https://millionrounds.com/company/medcotec)** Seed · GB · Mercia Asset Management **$3.2M** *Led* - **Sept** **[Tickets for Good](https://millionrounds.com/company/tickets-for-good)** Seed · GB · Mercia Asset Management **$5.3M** *Led* - **Aug** **[VisaDoc](https://millionrounds.com/company/visadoc)** Seed · GB · Mercia Asset Management **Undisclosed** *Led* - **2025** 1 round - **Feb** **[Shopblocks](https://millionrounds.com/company/shopblocks)** GB · TechStartups **$2.5M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The cheque Seed Median round joined **$2.9M** the round, not its cheque Alone, median **-** Led 5 of 5 rounds **100%** - **Sole investor:** 1 rounds - **Last cheque:** Oct 2026 Rounds by stage said on their site - Seed *4* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) 3 **Pitching NPIF II – Mercia Equity Finance?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as NPIF II – Mercia Equity Finance. A count of rooms they were both in, not a relationship either has claimed. [**Mercia Asset Management** VC firm **3** rounds together](https://millionrounds.com/fund/mercia-ventures) ## Recently backed The latest companies NPIF II – Mercia Equity Finance put money into. [**Tickets for Good** $5.3M · Sept 2026](https://millionrounds.com/company/tickets-for-good)[**VisaDoc** Aug 2026](https://millionrounds.com/company/visadoc)[**Shopblocks** $2.5M · Feb 2025](https://millionrounds.com/company/shopblocks) ## Quick answers about NPIF II – Mercia Equity Finance ### What does NPIF II – Mercia Equity Finance invest in? NPIF II – Mercia Equity Finance invests most often at Seed (100% of the rounds on record). ### How active is NPIF II – Mercia Equity Finance? 5 investments on record, 4 of them in the last 12 months, and it led 5. The most recent was in Oct 2026. ### What has NPIF II – Mercia Equity Finance invested in recently? Its most recent investments on record: CoComply (Seed, Oct 2026), Medcotec (Seed, Oct 2026) and Tickets for Good (Seed, Sept 2026). ### How big are NPIF II – Mercia Equity Finance's cheques? The median round it joins is $2.9M. ### Does NPIF II – Mercia Equity Finance lead rounds? Yes: it led 5 of its 5 investments on record (100%). ### Where does NPIF II – Mercia Equity Finance invest? Most of the companies it backs are in the United Kingdom (100%). ### Is NPIF II – Mercia Equity Finance investing now? Yes: it is actively investing, with 4 investments in the last 12 months. ### Who does NPIF II – Mercia Equity Finance invest alongside? Most often Mercia Asset Management (3 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=npif-ii-mercia-equity-finance) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=npif-ii-mercia-equity-finance)